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SPY $587.42 +0.72%
QQQ $518.91 +1.54%
BTC $104,892 +2.28%
ETH $3,342 -1.33%
AAPL $227.63 +1.39%
TSLA $424.07 -2.06%
NVDA $137.71 +4.11%
DIA $437.89 +0.36%
Options

Options Trading

Trade options with $0 commissions, powerful tools, and educational resources to help you succeed.

Apply for Options

Risk Warning: Options trading involves significant risk and is not appropriate for all investors. Options can expire worthless and you may lose your entire investment.

$0 Commissions

No commission on options trades

$0.65 Per Contract

Competitive contract fees

Options Chain

Full options chain with Greeks

Strategy Builder

Visual strategy construction

Options Strategies by Level

Options approval levels determine which strategies you can trade based on your experience.

Covered Calls

Level 1

Sell calls against shares you own to generate income.

Risk: Low

Protective Puts

Level 1

Buy puts to protect your stock positions from downside.

Risk: Low

Long Calls & Puts

Level 2

Buy calls or puts to speculate on price movements.

Risk: Medium

Spreads

Level 3

Combine multiple options to limit risk and reward.

Risk: Medium

Get Started with Options

1

Open an Account

Create a NexTrade account if you haven't already.

2

Apply for Options

Complete the options application and verify your experience.

3

Start Trading

Once approved, access options chains and start trading.

Ready to trade options?

Apply for options trading in minutes.

Apply Now